LAW, INSTITUTIONS AND DEVELOPMENT
Professor Michael Trebilcock
&
Professor Mariana Mota Prado
VOLUME III
2007
0€R4 i w i mufti
DEC 1 4 2005
FAC U_!‘V Of LAV
^ypfsrrr tcr(m-q
Law, Institutions and Development
2007
Professor Michael Trebilcock
Professor Mariana Mota Prado
TABLE OF CONTENTS
Volume 3
8. PRIVATE SECTOR, FINANCING, AND DEVELOPMENT
A. Financial Development
Aubhik Khan, “The Finance and Growth Nexus”, (2000) Business Review,
p. 3-14. 8-1
Gerard Caprio, The Future of State-Owned Financial Institutions , Brookings
Institution Press (2005), Introduction, pp. 1-9. 8-13
Survey on Banking in LDCs: “Fragile, Handle With Care,” “The Four to
Fear,” “Capital Punishment,” Economist, April 10, 1997 8-22
T. Beck and R. Levine, “Legal Institutions and Financial Development,”
National Bureau of Economic Research, Working Paper 10126 (December 8-3 1
2003).
B. Small and Medium Enterprises (SMEsh Micro- and Inclusive
Financing
Unleashing entrepreneurship: Making Business Work for the Poor, United
Nations, 2004, Chapter 1. 8-53
D. Snow and T. Buss, “Development and the Role of Microcredit,” Policy
Studies Journal, Vol. 29, No. 2, 2001, pp. 296-307. 8-58
I. Matin et al., “Finance for the Poor: From Microcredit to Microfinancial
Services”, Journal of International Development, 14, 273-294 (2002) 8-64
C. The Informal Sector
F. Schneider and D. H. Enste, “Shadow Economies: Size, Causes, and
Consequences,” in Journal of Economic Literature, Vol. 38 (2000). 8-75
l
9. PRIVATIZATION AND DEVELOPMENT
A. SOEs
D.A.C. Smith and M. Trebilcock, “State-Owned Enterprises in Less
Developed Countries: Privatization and Alternative Reform Strategies,”
European Journal of Law and Economics 12: (2001), p. 217-252
D. Parker and C. Kirkpatrick, “Privatisation in Developing Countries:
A Review of the Evidence and the Policy Lessons,” The Journal of
Development Studies , Vol.41, No. 4, May 2005, pp.513 - 541
N. Birdsall and J. Nellis, “Winners and Losers: Assessing the Distributional
Impact of Privatization,” World Development, Volume 31, Issue 10, October
2003, pp. 1617-1633.
B. The Case of Infrastructure Services
M. Klein and B. Hadjimichael, “Private Participation and Market for Basic
Services” in The Private Sector in Development (World Bank, 2003), pp. 87-
125.
R. W. Bacon and J. Besant-Jones, “Global Electric Power Reform,
Privatization, and Liberalization of the Electric Power Industry in
Developing Countries”, Annual Review of Energy and the Environment
Vol. 26: 331-359 (November 2001)
A. Estache et ah, “Utilities Privatization and the Poor: Lessons and Evidence
from Latin America,” World Development, v. 29, n.7, pp. 1179-1198.
10. INTERNATIONAL TRADE AND FOREIGN INVESTMENT
A. International Trade
“Chapter 15: Trade and Developing Countries,” in M. Trebilcock and
R. Howse, The Regulation of International Trade, 3rd ed. (London and
New York: Routledge, 2005)
J. Stiglitz and A. Charlton, Fair Trade for All - How Trade Can Promote
Development (Oxford University Press: 2005), Chapters 1 and 2.
B. Foreign Direct Investment
World Investment Report - Overview. FDI from Developing and Transition
Economies: Implications for Development, United Nations (New York and
Geneva, 2006)
9-1
9-20
9-35
9-44
9-64
9-78
10-1
10-20
10-41
li
J. Dunning, “Re-evaluating the Benefits of Foreign Direct Investment,”
UNCTAD, Transnational Corporations and Investment: Companies Without
Borders in the 1990s, (London: International Thomson Business Press, 1996)
P. Nunnenkamp, “To What Extent Can Foreign Direct Investment Help
Achieve International Development Goals?” The World Economy
Volume 27:5 (May 2004), pp. 657-677
S. Lall and R. Narula, “Foreign Direct Investment and its Role in Economic
Development: Do We Need a New Agenda?" The European Journal of
Development Research, Volume 16, Number 3, Autumn, 2004, pp. 447-
464(18)
E. Asiedu, “Foreign Direct Investment in Africa: The Role of Natural
Resources, Market Size, Government Policy, Institutions and Political
Instability,” The World Economy 29:1 (2006), pp. 63-77
11. THE ROLE OF FOREIGN AID AND INTERNATIONAL
INSTITUTIONS
A. Foreign Aid Trends
International Monetary Fund and World Bank, “Recent Trends in the
Transfer of Resources to Developing Countries,” Development Committee
Meeting, March 29, 2002
B. The Effectiveness of Foreign Aid
World Bank, Assessing Aid: What Works, What Doesn ’t and Why (Oxford:
Oxford University Press, 1998)
W. Easterly, “The Future of Western Assistance”, in The White Man ’s
Burden (The Penguin Press, 2006), pp. 367-384.
J. Sachs, “Making the Investment Needed to end Poverty,” in The End of
Poverty, chapter 13, pp. 245-265.
J. Sachs, “The End of Poverty: Economic Possibilities of Our Time” Sunday,
March 13, 2005 book review by W. Easterly The Washington Post BW03.
“Letters” (J. Sachs and W. Easterly) Sunday, March 27, 2005 The
Washington Post BW12.
10-67
10-76
10-87
10-96
11-1
11-10
11-37
11-47
11-58
11-64
m